Americas feed additive market is projected to reach US$ 9.176 billion by
2022, increasing from US$ 7.181 billion in 2016, growing at a CAGR of
4.17% during this period.

The industrialization of livestock and rising processed meat industry
are the primary factor driving the feed additive market in Americas.
Moreover, the outbreak of diseases and rising consumption of meat
further enhance the market growth in this region. Although the United
States accounts for a large part of the market, Mexico and Brazil is
expected to grow at a faster rate.

This growth is driven due to emerging Brazilian and Mexican markets
coupled with increase in awareness among people about the importance of
quality livestock products. Moreover, United States is home to many
leading feed additive players which augment the feed additive market
growth in the United States. However, the rising cost of raw material
and strict regulation and standards do hamper the feed additive market
growth in this region.